WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) Hits New 1-Year High – Time to Buy?

WisdomTree Europe Hedged Equity Fund (NYSEARCA:HEDJ) shares reached a new 52-week high during trading on Monday . The stock traded as high as $55.05 and last traded at $55.0160, with a volume of 7920 shares. The stock had previously closed at $54.89.

WisdomTree Europe Hedged Equity Fund Trading Up 0.2%

The company has a market cap of $1.84 billion, a PE ratio of 15.27 and a beta of 0.81. The company has a fifty day simple moving average of $52.36 and a two-hundred day simple moving average of $50.72.

Institutional Trading of WisdomTree Europe Hedged Equity Fund

A number of large investors have recently made changes to their positions in HEDJ. Bank of America Corp DE lifted its stake in WisdomTree Europe Hedged Equity Fund by 0.6% in the third quarter. Bank of America Corp DE now owns 1,345,731 shares of the company’s stock worth $67,825,000 after acquiring an additional 8,063 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of WisdomTree Europe Hedged Equity Fund by 597.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 498,487 shares of the company’s stock valued at $23,987,000 after purchasing an additional 427,009 shares in the last quarter. Boothe Investment Group Inc. lifted its position in shares of WisdomTree Europe Hedged Equity Fund by 2.2% during the 3rd quarter. Boothe Investment Group Inc. now owns 423,814 shares of the company’s stock worth $21,360,000 after purchasing an additional 8,958 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of WisdomTree Europe Hedged Equity Fund by 0.6% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 407,099 shares of the company’s stock worth $19,590,000 after purchasing an additional 2,260 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of WisdomTree Europe Hedged Equity Fund by 34.9% during the second quarter. Raymond James Financial Inc. now owns 374,190 shares of the company’s stock worth $18,006,000 after purchasing an additional 96,825 shares in the last quarter.

About WisdomTree Europe Hedged Equity Fund

WisdomTree Europe Hedged Equity Fund (the Fund), formerly WisdomTree International Hedged Equity Fund, is an exchange-traded fund. The Fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Hedged Equity Index. The WisdomTree Europe Hedged Equity Index provides exposure to European equities while at the same time neutralizing exposure to fluctuations between the Euro and the United States dollar. The Index hedges against fluctuations in the relative value of the Euro against the United States dollar.